Five Workforce Trends You Can Count On

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Five Workforce Trends You Can Count On

(August 2, 2010) Global organizations are awakening to the alarming realization that significant demographic, economic, sociopolitical, and technological changes are dramatically altering the workforce. Changes in birthrates, retirement trends, and job requirements are reducing the size of the workforce and creating significant skills shortages, while eased trade barriers, communications advances, and the knowledge economy are producing a highly global and virtual workforce. At the same time, loosened cultural norms, higher minority birthrates, and relaxed migration barriers are creating a workforce that's vastly diverse. And the knowledge economy, information technologies, and a changed employment contract are giving rise to the most autonomous and empowered group of workers ever.

These changes are dramatic, and they're a reality that many employers have not yet grasped. The workforce is in the midst of an unstoppable and radical transformation. It is becoming:

This is the opening from a new paper from Hewitt, Next-Generation Talent Management Insights on How Workforce Trends Are Changing the Face of Talent Management. Authors are Elissa Tucker, Tina Kao, and Nidhi Verma of Hewitt Associates. Top implications for Talent Management include:

Review the complete document.

Colleen Gildea
colleen@interbiznet.com

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